Workflow Improvement

When disasters strike, it affects businesses from top to bottom and in every aspect, including financials and workforce procedure. Having a common-sense approach to continuity and recovery is essential for companies to protect themselves in uncertain times.

The world of CRM continues to morph with new software systems and new best practices, as our CRM practice is deeply focused on Salesforce and Dynamics. With more and more companies revisiting their CRM workflows post-COVID, we continue to reassess and incorporate best practices for implementing platforms, workflows, and data.

Sirius Solutions has been creating and deploying Treasury and Cash Management solutions for business leaders for over two decades. Technology that could augment or enhance these solutions, such as understanding the behaviors, routines and decisions that improve cash flow, didn’t exist ten years ago. But over the last decade, we have been focused on identifying and evaluating technology that can improve our clients’ business performance related to cash acceleration.

CRM implementations should follow a path that will trigger it to thrive in its unique organizational setting rather than be a forced solution for companies to adopt.

Accounting is a critical function in any business, and knowledgeable financial professionals are essential to any team. Because of the knowledge that accountants and financial professionals bring, their time is highly valuable — and spending that time on manual, repetitive tasks ends up being extremely expensive. 

As companies are preparing for end-of-year activities like budgeting processes, inventory counts, maintaining vendor and insurance records, employee benefit renewals, completing work for SEC filings and property tax renditions, we recommend using workflow automation to standardize and optimize these tasks.

Achieving full-scale automation or transformation is a massive undertaking for any organization. Rethinking business processes – from simple tasks to wide-scale workflows – requires that organizations overcome internal resistance, identify best technologies and almost rebuild business processes from the ground up.

A pressing issue across businesses is the continual need to do more with less, particularly without increasing costs! We have found that this can be achieved with the magical help of a cost-free tool called Power Query.

Automating business processes has become a common thread across industries. The idea is simple: identify non-essential, manual, repetitive processes, and implement a discipline of automating these processes.

Business Process Outsourcing (BPO), sometimes called Managed Services, was a $200B market in 2018.

Last week I laid out that making businesses run better requires three essential elements: real-time analytics, improved workflows, and innovation.

As companies begin developing post-COVID business strategies, many are making decisions to move systems and processes to the cloud, digitize more, and create remote work environments.

Recently, our E&P client acquired assets and as part of that acquisition needed to migrate data from one system to another.

Since Digital Transformation is so broad, delving into how it can help companies requires the process to be broken down to its stages.

To help stay competitive and maximize employee productivity, organizations should continually ensure that their teams are up to speed with the latest Excel functionalities and are routinely seeking to enhance efficiency in Excel analyses.

Companies are in different phases of their Agile journey. Some are well versed in Agile, some are still studying Agile methodologies, some are venturing into an Agile transformation, some are broadly ‘going Agile,’ and for others, Agile is not something they are considering.